Schroeder J Michael 4
4 · DELUXE CORP · Filed Jan 26, 2018
Insider Transaction Report
Form 4
DELUXE CORPDLX
Schroeder J Michael
SVP, General Counsel & Secy
Transactions
- Exercise/Conversion
Common Stock
[F1]2018-01-25+442→ 3,916 total - Tax Payment
Common Stock
[F2]2018-01-25$73.51/sh−220$16,172→ 3,696 total - Exercise/Conversion
Restricted Stock Units
[F3]2018-01-25−442→ 0 totalExercise: $0.00Exp: 2018-01-25→ Common Stock (442 underlying)
Holdings
- 520
Restricted Stock Units
[F4]Exercise: $0.00Exp: 2019-01-24→ Common Stock (520 underlying) - 554
Common Stock Option
[F5]Exercise: $58.93From: 2015-07-07Exp: 2021-07-07→ Common Stock (554 underlying) - 1,069
Common Stock Option
[F5]Exercise: $67.08From: 2016-02-12Exp: 2022-02-12→ Common Stock (1,069 underlying) - 9,088
Common Stock Option
[F5]Exercise: $54.30From: 2017-02-17Exp: 2023-02-17→ Common Stock (9,088 underlying) - 5,828
Common Stock Option
[F5]Exercise: $75.61From: 2018-02-23Exp: 2024-02-23→ Common Stock (5,828 underlying)
Footnotes (5)
- [F1]Vesting and conversion into shares on a one-for-one basis of restricted stock units awarded on 1/25/16 under the Company's Long Term Incentive Plan. Award of units resulted from an election by executive to receive certain 2015 annual incentive compensation in restricted stock units in lieu of cash.
- [F2]Total ownership includes 2,971 shares of restricted stock.
- [F3]Restricted Stock Units were awarded on 1/25/16 under the Company's Long-Term Incentive Plan. The units will vest and be converted into common stock on the second anniversary of the date of grant if, subject to certain exceptions, the holder remains in the employ of the Company through such date. Award results from an advance election by executive to receive a portion of their 2015 annual incentive compensation in restricted stock units in lieu of cash.
- [F4]Restricted Stock Units were awarded on 1/24/17 under the Company's Long-Term Incentive Plan. The units will vest and be converted into common stock on the second anniversary of the date of grant if, subject to certain exceptions, the holder remains in the employ of the Company through such date. Award results from an advance election by executive to receive a portion of their 2016 annual incentive compensation in restricted stock units in lieu of cash.
- [F5]Options vest in three equal installments on the three succeeding anniversary dates of grant, provided the holder remains in the employ of the Company. Date entered reflects date on which first installment vests(ed).
Signature
J. Michael Schroeder|2018-01-26